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Bond prices depend on the market rate of interest, stated rate of interest, and time. Read the requirements. Requirement 1. Compute the price of the

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Bond prices depend on the market rate of interest, stated rate of interest, and time. Read the requirements. Requirement 1. Compute the price of the following 5% bonds of Friendship Telecom. a. The price of the $100,000 bond issued at 75.25 is b. The price of the $100,000 bond issued at 104.50 is c. The price of the $100,000 bond issued at 94.25 is d. The price of the $100,000 bond issued at 104.25 is Requirement 2. Which bond will Friendship Telecom have to pay the most to retire at maturity? Explain your

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